Cool and breezy today
Cool and breezy today
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TechCrunchLuminar cuts 20% of staff and outsources lidar production
Lidar company Luminar is slashing its workforce by 20% and will lean harder on its contract manufacturing partner as part of a restructuring that will shift the company to a more "asset-light" business model, as it aims to scale production. Luminar is also cutting ties with "the majority" of its contract workers. "Today, we stand at the crossroads of two realities: the core of our business has never been stronger across technology, product, industrialization, and commercialization; yet at the same time the capital markets perception of our company has never been more challenging," billionaire founder and CEO Austin Russell said in a letter posted to Luminar's website.
- Yahoo Finance
This week in Bidenomics: No stag, no 'flation, just consternation
Investors cheered weaker-than-expected job numbers, which suggest inflation is abating. Voters will be harder to please.
- Yahoo Finance
April jobs report shows hiring, wage growth slow as unemployment unexpectedly jumps
After a strong winter for the US labor market, hiring slowed down notably in April.
- Engadget
The Apple Watch Series 9 is back on sale for $299, plus the rest of this week's best tech deals
This week, we found deals on gear from Samsung, Apple, Bose, Anker and more.
- TechCrunch
TechCrunch Minute: Spotify’s move to paywall lyrics is putting pressure on free users
Spotify's slow movement to put lyrics behind its paid service wall in its music service are about as popular as you would expect. Precise details of the update are evolving but what we can say at this point is that it seems that Spotify has a new feature up its sleeve to try and get free users to convert to is paid service. Sure, it's a little weird that Spotify is going to start putting information that is freely available online behind a paid wall, but the company is in a slightly difficult position today.
- Yahoo Personal Finance
CD rates today, May 3, 2024 (up to 5.15% return)
CD rates are the highest they’ve been in over a decade. Here’s where you can find the best CD rates today.
- The Yodel
Trump jurors hear secret recording in hush money trial, Arizona repeals its near-total abortion ban and evacuations called amid Texas floods
Get caught up on this morning’s news: Trump trial nears end of second week, Arizona repeals its near-total abortion ban and more in today’s edition of The Yodel newsletter
- Yahoo Personal Finance
Mortgage rates today, May 3, 2024: Rates increase for the 5th straight week
These are today's mortgage rates. The Fed kept the federal funds rate the same this week, and mortgage rates ticked up in response. Lock in your rate today.
- Yahoo Sports
Georgia gives Kirby Smart a raise to make him the highest-paid coach in college football
Smart is set to make $13 million in 2024 and his contract now goes through 2033.
- Yahoo Life Shopping
Cheers to Mother's Day! This elegant glass mug set — down to $13 at Amazon — arrives just in time
Clearly better than that 'No. 1 Mom' mug you gifted her last year — she'll even get two pretty gold spoons to stir in her sugar!
- Yahoo Finance
Pfizer stock gains 7% after earnings beat, company calls dividend 'secure'
Pfizer had a surprise beat in its COVID portfolio despite dim forecasts, but the company is still not feeling the love in its stock.
- Engadget
Bose's SoundLink Max is its largest portable Bluetooth speaker with 20-hour battery life
Bose's largest portable Bluetooth speaker is built for the outdoors.
- Autoblog
This Greenworks 16-inch electric lawn mower is one of the highest-rated on Amazon and it's 25% off today
Looking for a new electric lawn mower? This one from Greenworks is the most popular option on Amazon and it's on sale for under $225 today.
- TechCrunch
Atlassian combines Jira Software and Work Management tools
At its Team '24 event in Las Vegas, Atlassian today announced that it is combining Jira Software with Jira Work Management into a single product under the "Jira" brand. The origins of Jira, Atlassian's flagship project management tool, are in software development and issue tracking for developers, but throughout the past few years, the company started to launch Jira versions for other teams as well. "We believe great teams are built on a foundation of shared goals, coordinated work, and free-flowing information across functions," writes Dave Meyer, the head of product for Jira, in today's announcement.
- TechCrunch
Microsoft taps Sanctuary AI for general-purpose robot research
Microsoft, it seems, is hedging its bets when it comes to general-purpose robotics AI. Today, the tech giant announced a collaboration with Figure competitor Sanctuary AI, best known for its humanoid robot, Phoenix. The Sanctuary partnership really gets to the heart of Microsoft’s interest in the category: artificial general intelligence.
- The Yodel
Florida’s 6-week abortion ban takes effect, dozens arrested in campus protests overnight and King Charles resumes public duties
Get caught up on this morning’s news: Florida’s six-week abortion ban, campus arrests and more in today’s edition of The Yodel newsletter
- Yahoo Life Shopping
'Hides my mom pouch': Amazon shoppers call this t-shirt dress is 'very flattering' — and it's just $30
'I didn’t expect so many compliments': Save over 35% on the fresh frock nearly 20,000 reviewers have given a flawless five-star rating.
- Yahoo Personal Finance
CD rates today, April 30, 2024 (top rate at 5.15% APY)
CD rates available today are well above historical norms. Find out where to get the best cd rates.
- Autoblog
These are the most expensive vehicles to gas up
Consumer Reports found that the Toyota Tundra is the most expensive vehicle in America to gas up, with costs nearing $120 per tank.
- Engadget
Beats Solo 4 review: Upgraded audio, extended battery life and familiar design
Beats made significant updates to audio quality and battery life on the Solo 4, but the design is in need of a refresh.